Vault-13

NEVRO CORP NVRO

COM · Common Stock · CUSIP 64157F103

153 institutional holders -1 vs Q1 2024
37,353,40837.4m shares reported held*
$314.5mreported value*
28 new 60 added 44 reduced 31 sold out net sold ≈ $9.0m (-1.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($911.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.42. Options: 6 managers hold calls ($426.2k notional), 9 hold puts ($13.0m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 178Q4 22: 171Q1 23: 160Q2 23: 156Q3 23: 138Q4 23: 141Q1 24: 154Q2 24: 153153Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022178
Q4 2022171
Q1 2023160
Q2 2023156
Q3 2023138
Q4 2023141
Q1 2024154
Q2 2024153

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 87 bought or addedQ4 22: 82 cut or sold outQ4 22Q1 23: 93 bought or addedQ1 23: 74 cut or sold outQ2 23: 87 bought or addedQ2 23: 76 cut or sold outQ2 23Q3 23: 86 bought or addedQ3 23: 68 cut or sold outQ4 23: 67 bought or addedQ4 23: 68 cut or sold outQ4 23Q1 24: 82 bought or addedQ1 24: 72 cut or sold outQ2 24: 88 bought or addedQ2 24: 75 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20228782
Q1 20239374
Q2 20238776
Q3 20238668
Q4 20236768
Q1 20248272
Q2 20248875

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 23 calls: $6.6mQ3 23 puts: $6.8mQ3 23P/C 1.02Q4 23 calls: $14.3mQ4 23 puts: $21.0mQ4 23P/C 1.47Q1 24 calls: $1.3mQ1 24 puts: $14.2mQ1 24P/C 11.26Q2 24 calls: $426.2kQ2 24 puts: $13.0mQ2 24P/C 30.44
Numbers
QuarterCallsPutsP/C
Q3 2023$6.6m$6.8m1.02
Q4 2023$14.3m$21.0m1.47
Q1 2024$1.3m$14.2m11.26
Q2 2024$426.2k$13.0m30.44

Biggest buyers

ArrowMark Colorado Holdings LLC Added +1,493,205+1.5m
Kent Lake Capital LLC New +639,775+639.8k
Assenagon Asset Management S.A. Added +605,134+605.1k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +394,577+394.6k
Rock Springs Capital Management LP Added +316,500+316.5k
JACOBS LEVY EQUITY MANAGEMENT, INC Added +277,383+277.4k
BlackRock Inc. Added +185,899+185.9k
MILLENNIUM MANAGEMENT LLC Added +168,573+168.6k
Point72 Asset Management, L.P. Added +148,200+148.2k
ACADIAN ASSET MANAGEMENT LLC Added +146,276+146.3k

Biggest sellers

MORGAN STANLEY Reduced -1,698,546-1.7m
VANGUARD GROUP INC Reduced -813,715-813.7k
PRINCIPAL FINANCIAL GROUP INC Sold out -711,696-711.7k
CITADEL ADVISORS LLC Reduced -669,490-669.5k
Woodline Partners LP Sold out -633,718-633.7k
GOLDMAN SACHS GROUP INC Reduced -459,955-460.0k
ExodusPoint Capital Management, LP Reduced -216,118-216.1k
Cubist Systematic Strategies, LLC Reduced -184,887-184.9k
TWO SIGMA INVESTMENTS, LP Reduced -159,134-159.1k
FRED ALGER MANAGEMENT, LLC Reduced -155,543-155.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $224.8k26.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $113.7k13.5k shares
GROUP ONE TRADING LLC Unchanged $54.7k6.5k shares
Walleye Capital LLC Reduced $32.0k3.8k shares
SIMPLEX TRADING, LLC Reduced $1.0k200 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Jefferies Financial Group Inc. Added $4.9m582.1k shares
Caption Management, LLC Added $4.5m528.7k shares
CITADEL ADVISORS LLC Added $1.0m121.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $968.3k115.0k shares
D. E. Shaw & Co., Inc. Added $900.9k107.0k shares
WOLVERINE TRADING, LLC Added $644.1k76.5k shares
Crawford Fund Management, LLC Reduced $85.9k10.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0100 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
ARMISTICE CAPITAL, LLC 13G · institution filed 2025-08-14 10.0% 689.6k 2025-08-14

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ArrowMark Colorado Holdings LLC 0.43% of their portfolio Denver, CO 4,289,1084.3m $36.1m $36.1m 0.43% Added +1.5m +1,493,205
2 ARMISTICE CAPITAL, LLC 0.81% of their portfolio NEW YORK, NY 3,672,0003.7m $30.9m $30.9m 0.81% Added +48.0k +48,000
3 BlackRock Inc. 0.00% of their portfolio New York, NY 3,600,3573.6m $30.3m $30.3m 0.00% Added +185.9k +185,899
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,360,1882.4m $19.9m $19.9m 0.00% Reduced -813.7k -813,715
5 FRED ALGER MANAGEMENT, LLC 0.08% of their portfolio NEW YORK, NY 1,928,1441.9m $16.2m $16.2m 0.08% Reduced -155.5k -155,543
6 Engaged Capital LLC 2.72% of their portfolio Newport Beach, CA 1,885,9561.9m $15.9m $15.9m 2.72% Unchanged
7 BRAIDWELL LP 0.45% of their portfolio STAMFORD, CT 1,698,7681.7m $14.3m $14.3m 0.45% Reduced -77.6k -77,600
8 Rock Springs Capital Management LP 0.35% of their portfolio Baltimore, MD 1,381,5001.4m $11.6m $11.6m 0.35% Added +316.5k +316,500
9 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,146,2301.1m $9.7m $9.7m 0.01% Reduced -7.5k -7,508
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 994,126994.1k $8.4m $8.4m 0.00% Reduced -96.5k -96,516
11 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 956,542956.5k $8.1m $8.1m 0.01% Added +168.6k +168,573
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 834,592834.6k $7.0m $7.0m 0.00% Added +34.1k +34,064
13 Palo Alto Investors LP 0.73% of their portfolio PALO ALTO, CA 750,371750.4k $6.3m $6.3m 0.73% Unchanged
14 Assenagon Asset Management S.A. 0.02% of their portfolio SENNINGERBERG, N4 728,463728.5k $6.1m $6.1m 0.02% Added +605.1k +605,134
15 Kent Lake Capital LLC 2.43% of their portfolio RENO, NV 639,775639.8k $5.4m $5.4m 2.43% New
16 Eversept Partners, LP 0.32% of their portfolio NEW YORK, NY 499,395499.4k $4.2m $4.2m 0.32% Added +109.7k +109,732
17 JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio FLORHAM PARK, NJ 485,738485.7k $4.1m $4.1m 0.02% Added +277.4k +277,383
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 440,428440.4k $3.7m $3.7m 0.00% Added +105.8k +105,781
19 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 433,538433.5k $3.7m $3.7m 0.00% Added +394.6k +394,577
20 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 421,600421.6k $3.5m $3.5m 0.01% Reduced -80.6k -80,600
21 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 396,134396.1k $3.3m $3.3m 0.01% Reduced -42.8k -42,801
22 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 368,100368.1k $3.1m $3.1m 0.01% Added +17.6k +17,600
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 337,764337.8k $2.8m $2.8m 0.00% Reduced -1.7m -1,698,546
24 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 335,370335.4k $2.8m $2.8m 0.00% Reduced -19.5k -19,517
25 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 321,125321.1k $2.7m $2.7m 0.01% Reduced -159.1k -159,134
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 307,613307.6k $2.6m $2.6m 0.00% Reduced -460.0k -459,955
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 294,180294.2k $2.5m $2.5m 0.00% Added +50.0k +50,042
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 292,306292.3k $2.5m $2.5m 0.00% Added +43.4k +43,412
29 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 278,665278.7k $2.3m $2.3m 0.00% Added +144.4k +144,442
30 Jefferies Financial Group Inc. 0.05% of their portfolio NEW YORK, NY 275,206275.2k $2.3m $2.3m 0.05% Added +132.9k +132,914
31 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 270,004270.0k $2.3m $2.3m 0.01% Added +118.3k +118,275
32 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 250,057250.1k $2.1m $2.1m 0.00% Reduced -669.5k -669,490
33 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 241,186241.2k $2.0m $2.0m 0.01% Added +146.3k +146,276
34 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 220,469220.5k $1.9m $1.9m 0.00% Reduced -108.6k -108,604
35 ALGERT GLOBAL LLC 0.06% of their portfolio SAN FRANCISCO, CA 216,572216.6k $1.8m $1.8m 0.06% Added +78.9k +78,895
36 Caption Management, LLC 0.16% of their portfolio OKLAHOMA CITY, OK 180,184180.2k $1.5m $1.5m 0.16% Added +49.1k +49,084
37 NORGES BANK 0.00% of their portfolio OSLO, Q8 160,800160.8k $1.4m $1.4m 0.00% Not comparable
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 155,600155.6k $1.3m $1.3m 0.00% Reduced -16.3k -16,348
39 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 152,500152.5k $1.3m $1.3m 0.00% Added +148.2k +148,200
40 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 150,014150.0k $1.3m $1.3m 0.00% Reduced -52.7k -52,672
41 Bellevue Group AG 0.02% of their portfolio ZURICH, V8 135,235135.2k $1.1m $1.1m 0.02% Unchanged
42 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 127,866127.9k $1.1m $1.1m 0.00% Added +8.7k +8,673
43 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 126,359126.4k $1.1m $1.1m 0.01% Reduced -216.1k -216,118
44 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 126,006126.0k $1.1m $1.1m 0.01% Reduced -2.0k -2,038
45 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio BALA CYNWYD, PA 118,574118.6k $998.4k $998.4k 0.02% Added +18.5k +18,458
46 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 117,625117.6k $990.4k $990.4k 0.02% Added +24.5k +24,546
47 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 104,570104.6k $880.5k $880.5k 0.02% Reduced -184.9k -184,887
48 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 104,008104.0k $875.7k $875.7k 0.00% Reduced -60.5k -60,476
49 Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio HONG KONG, K3 92,95993.0k $782.7k $782.7k 0.04% New
50 Engineers Gate Manager LP 0.02% of their portfolio NEW YORK, NY 91,56991.6k $771.0k $771.0k 0.02% Reduced -20.7k -20,711
51 TD Capital Management LLC 0.07% of their portfolio MEMPHIS, TN 84,64884.6k $712.7k $712.7k 0.07% Unchanged
52 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 75,57575.6k $636.3k $636.3k 0.01% Added +41.1k +41,139
53 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 74,76174.8k $629.5k $629.5k 0.00% Reduced -14.8k -14,850
54 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 74,57374.6k $627.9k $627.9k 0.00% Reduced -46.6k -46,629
55 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 69,18769.2k $582.6k $582.6k 0.00% Added +15.6k +15,630
56 Nebula Research & Development LLC 0.09% of their portfolio New York, NY 67,42067.4k $567.7k $567.7k 0.09% Added +50.3k +50,253
57 Swiss National Bank 0.00% of their portfolio ZURICH, V8 60,90060.9k $512.8k $512.8k 0.00% Reduced -3.5k -3,500
58 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 59,40459.4k $500.2k $500.2k 0.00% Added +7.2k +7,250
59 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 58,99559.0k $496.7k $496.7k 0.00% Added +2.8k +2,836
60 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 55,84055.8k $470.2k $470.2k 0.00% New
61 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 55,65555.7k $469.0k $469.0k 0.00% Added +10.6k +10,639
62 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 55,60455.6k $458.7k $458.7k 0.00% Added +9.8k +9,793
63 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 53,31753.3k $448.9k $448.9k 0.00% Reduced -953 -953
64 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 52,87052.9k $445.2k $445.2k 0.00% Added +16.2k +16,170
65 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 51,27351.3k $431.7k $431.7k 0.00% Added +10.4k +10,376
66 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 49,82149.8k $419.5k $419.5k 0.00% Reduced -1.8k -1,776
67 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 45,77445.8k $385.4k $385.4k 0.01% Reduced -36.2k -36,211
68 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 44,19044.2k $372.1k $372.1k 0.01% New
69 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 43,90743.9k $369.7k $369.7k 0.00% Added +42.7k +42,651
70 Centiva Capital, LP 0.02% of their portfolio New York, NY 43,52543.5k $366.5k $366.5k 0.02% Added +30.5k +30,490
71 Dynamic Technology Lab Private Ltd 0.03% of their portfolio SINGAPORE, U0 32,42132.4k $273.0k $273.0k 0.03% New
72 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 32,07932.1k $270.1k $270.1k 0.00% Reduced -1.4k -1,379
73 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 31,03931.0k $261.3k $261.3k 0.00% Added +312 +312
74 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 30,53930.5k $257.1k $257.1k 0.00% Reduced -2.4k -2,422
75 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 30,05230.1k $253.0k $253.0k 0.00% Reduced -50.5k -50,456
76 DAFNA Capital Management LLC 0.06% of their portfolio LOS ANGELES, CA 28,00028.0k $235.8k $235.8k 0.06% Unchanged
77 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio JUPITER, FL 27,82827.8k $234.3k $234.3k 0.00% Reduced -34.6k -34,558
78 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 27,01127.0k $227.4k $227.4k 0.00% Added +1.9k +1,907
79 Jasper Ridge Partners, L.P. 0.01% of their portfolio MENLO PARK, CA 26,01626.0k $219.1k $219.1k 0.01% Unchanged
80 SHERBROOKE PARK ADVISERS LLC 0.04% of their portfolio WHITE PLAINS, NY 25,81125.8k $217.3k $217.3k 0.04% New
81 Olympiad Research LP 0.16% of their portfolio Stamford, CT 25,04625.0k $210.9k $210.9k 0.16% New
82 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 24,71124.7k $208.1k $208.1k 0.02% Added +11.3k +11,323
83 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 24,12324.1k $203.1k $203.1k 0.00% Reduced -8.2k -8,200
84 Legal & General Group Plc 0.00% of their portfolio London, X0 24,04524.0k $202.5k $202.5k 0.00% Reduced -12.9k -12,889
85 PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 24,04424.0k $202.4k $202.4k 0.02% New
86 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 20,76120.8k $174.8k $174.8k 0.00% Added +1.8k +1,821
87 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 20,01420.0k $168.5k $168.5k 0.00% Added +4.6k +4,605
88 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 19,98420.0k $168.3k $168.3k 0.00% Added +2.5k +2,478
89 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 19,45519.5k $163.8k $163.8k 0.00% First filing
90 Entropy Technologies, LP 0.02% of their portfolio NEW YORK, NY 18,78318.8k $158.2k $158.2k 0.02% New
91 Atom Investors LP 0.02% of their portfolio AUSTIN, TX 18,43418.4k $155.2k $155.2k 0.02% Reduced -1.7k -1,724
92 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 17,89717.9k $150.7k $150.7k 0.00% First filing
93 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 16,53216.5k $139.2k $139.2k 0.00% Added +3.9k +3,880
94 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 14,80214.8k $124.6k $124.6k 0.00% Added +1.6k +1,600
95 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 14,62414.6k $122.8k $122.8k 0.00% Reduced -181 -181
96 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 14,50314.5k $122.1k $122.1k 0.00% Added +115 +115
97 UBS Group AG 0.00% of their portfolio ZURICH, V8 14,00314.0k $117.9k $117.9k 0.00% Reduced -25.0k -25,006
98 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 12,43312.4k $104.7k $104.7k 0.00% Added +1.0k +1,008
99 Dorsey & Whitney Trust CO LLC 0.01% of their portfolio SIOUX FALLS, SD 11,55311.6k $97.3k $97.3k 0.01% Reduced -40 -40
100 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 11,46511.5k $96.5k $96.5k 0.00% Reduced -6.8k -6,835